How did Tadawul shares fare during auction time today?

12/09/2019 Argaam Special

 

In this report, Argaam monitors the movement of Tadawul-listed stock prices during the auction period and trade at last that follow the regular trading time. The auction period lasts 10 minutes between 3:00 pm and 3:10 pm. The trade-at-last session starts from 3:10 pm to 3:20 pm.

 

The index dropped 12 points during the closing auction and trade at last session, with a value traded of SAR 122.12 million, widening its daily losses to 24 points.

 

A total of 2,501 transactions were executed on nearly 3.87 million shares.

 

During the 10-minute auction period, investors can place buy and sell orders based on which the system calculates a fair price per stock, and this fair price serves as a reference price for the following trading day.

 

In trade at last session, market participants can place orders only at the closing price set during the closing auction.

 

The table below compares the performance of Tadawul All Share Index (TASI):

 

TASI Performance During Sept. 12 Auction

 

Market closing time

(3:00 PM)

Auction closing time

(3:10 PM)

Variation

TASI (Points)

7,844

7,832

(12)

Value Traded

 (SAR mln)

2,449

2,571

+ 122.12

Volume Traded

(mln shares)

93.44

97.31

+ 3.87

Number of transactions

101,499

104,000

+ 2,501

 

Below is a track of individual stock movements post trading hours:

 

Decliners (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

Al Rajhi Takaful

64.10

63.10

(1.56%)

Ma’aden

44.05

43.45

(1.36%)

Gulf General

11.42

11.30

(1.05%)

Zain Saudi

12.44

12.32

(0.96%)

Mouwasat

86.30

85.50

(0.93%)

Walaa

14.58

14.46

(0.82%)

Mobily

24.40

24.20

(0.82%)

Al Ahli Takaful

24.52

24.32

(0.82%)

Southern Cement

53.00

52.60

(0.75%)

Wafrah

10.84

10.76

(0.74%)

 

The following stocks gained during the auction period:

 

Gainers (SAR)

Company

Market Closure

(3:00 PM)

Auction Closure

(3:10 PM)

Variation

SISCO

14.82

15.08

 1.75%

Shaker

7.90

8.03

 1.65%

SIIG

22.12

22.36

 1.08%

Seera

16.70

16.84

 0.84%

SACO

60.00

60.40

 0.67%

ARDCO

15.20

15.30

 0.66%

Ataa

32.00

32.20

 0.63%

Dur

19.36

19.48

 0.62%

Petro Rabigh

19.32

19.42

 0.52%

Alinma Tokio

11.94

12.00

 0.50%

 

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